Now, compare the two variances to ascertain what is happening
when the data is multiplied by a factor of 8.
We notice that
8.25 x 64 = 528The variance is multiplied by a factor
of 64, when the data is multiplied by a factor of 8.

Situation 2: If all of the data in a set
is tripled, which, if any, of the summary statistics are
also tripled?

Now, compare the findings. From examining
the calculations, we know that the mean, the standard deviation
(both sample and population), the minimum, the first quartile, the
median, the third quartile and the maximum are also tripled.

In both of these examples, the 1- Var Stats allowed us to quickly
examine the data to see what was happening when the data was
rescaled.